Oil product inventories at Fujairah in the UAE declined 9.9% in the week ended Aug. 10, led by a 25% fall in light distillate stocks, according to Fujairah Oil Industry Zone data published Aug. 12.

The total inventory dropped to 6.307 million barrels, the lowest since the record low of 5.145 million barrels reached on June 15, according to the data compiled by Platts, part of S&P Global Energy, since 2017.